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MA Bullish cross over buy around 0.2513 | 21 August 2018

21 August 2018, XRP

MA Bullish cross over buy around 0.2513

Technical Observation

Few day ago, the slow moving Avarage above, moved below the fast MAs and is still below price itself, while the price is above the two simple Moving Avarages, I expect a surge to the upperside with an ideal take profit at 0.42460. On its way upwards, the key lines to look for include $0.3490, $0.36290 and $0.4045. If these lines are broken, then take profits at 0.42460. On the otherside, should the price break below 0.30915, then I advice waiting for a pullback to the same level to pick a short position with the next ideal take profit at 0.2513.

Trade Signal

Buy XRP around 0.30915

101% Double the volume

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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Imelda Maseno
Analyst of «FreshForex» company
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